Bitcoin just dropped to under 900$ and it keeps going down - page 5.

Tasmonid

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Quote from: ethereumhunter on January 06, 2017, 04:25:46 AM

Quote from: MakeMoneyBtc on January 05, 2017, 08:19:27 AM

Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?

if you just buy bitcoin in under $880 then you can sell it now and take the profit while the profit is not much depend on the price $1100 but i hope you don't go with the panic people in the market because i see this in the market and the price is down to deep. but if you have more money, then i think you can prepare to buy bitcoin so you have more bitcoin in your wallet and you can ready for waiting the increasing price.

If somebody bought at $880, he could have made almost 100 dollar profit already.

ethereumhunter

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Quote from: MakeMoneyBtc on January 05, 2017, 08:19:27 AM

Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?

if you just buy bitcoin in under $880 then you can sell it now and take the profit while the profit is not much depend on the price $1100 but i hope you don't go with the panic people in the market because i see this in the market and the price is down to deep. but if you have more money, then i think you can prepare to buy bitcoin so you have more bitcoin in your wallet and you can ready for waiting the increasing price.

susila_bai

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Quote from: 1982dre on January 06, 2017, 03:16:18 AM

Quote from: BitcoinMuscle on January 05, 2017, 06:56:41 PM

Quote from: MakeMoneyBtc on January 05, 2017, 09:33:14 AM

Now it raised a little bit . It's 950$ Hope il will go up to 1000$ again and will stay like that for a long time

Yeah , it reached again 1000$ . I think it will stay in this range , his price will fluctuate around 1000$.

Well the price was just stabilizing. It went up way to fast. I think it will hover around the 950-1000 for a week or 2 and then it will slowly rise again. The drop was just a correction. Don't know why people directly start panicking.

This all panic was from the new buyers who have bought bitcoin in 1k+ range and some short time traders who took profit in afraid of dump but the long term buyers bought on this dip and they knew that the bitcoin will reach new high price record in some days.

1982dre

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Quote from: BitcoinMuscle on January 05, 2017, 06:56:41 PM

Quote from: MakeMoneyBtc on January 05, 2017, 09:33:14 AM

Now it raised a little bit . It's 950$ Hope il will go up to 1000$ again and will stay like that for a long time

Yeah , it reached again 1000$ . I think it will stay in this range , his price will fluctuate around 1000$.

Well the price was just stabilizing. It went up way to fast. I think it will hover around the 950-1000 for a week or 2 and then it will slowly rise again. The drop was just a correction. Don't know why people directly start panicking.

sitonmythrone

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SHAWN-MIDWAYS

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Quote from: sgbett on January 05, 2017, 09:05:18 AM

Well if the past is anything to go by this has only just begun.

Of course the past isn't always a reliable indicator!

Experience is the best teacher and it seems to me the recent price drop we are currently experiencing might be a result of a huge panic selling which is pulling the price down but with time just hope we recover.

Hazir

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You want to know what happened with BTC price? The usual. Someone wanted to make money. Earlier today there were huge coin dump on Huobi.
This massive sell order shifted whole market, for the whole day traders were bit by bit buying that huge chunk of coins.

SvenBomvolen

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Nothing new with bitcoin! Price is now 960 $ and I don't think it will settle soon. This ups and downs are good for traders, and I don't know whom else, but I was hoping for a little stability.
What we can expect in next few weeks, looks like its hard hard to predict price even for experienced bitcoiners. If nothing this price is making us all excited with this moving.

BitcoinMuscle

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Quote from: MakeMoneyBtc on January 05, 2017, 09:33:14 AM

Now it raised a little bit . It's 950$ Hope il will go up to 1000$ again and will stay like that for a long time

Yeah , it reached again 1000$ . I think it will stay in this range , his price will fluctuate around 1000$.

olubams

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Quote from: MakeMoneyBtc on January 05, 2017, 08:19:27 AM

Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?

I will say although this will come as a shock, since we all woke up this morning with smiles on our faces and within hours things started going haywire but as at now via Blockchain, we are at $967 and I think we are not doing badly. At the same time it all depends on your attitude to risk whether to buy more, or to sell now. Just be ready to live with the consequences of either decision because no one knows what will happen tommorow morning...

MANCRYPTOS

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Hi there bitcoin price now 983.6 so I think there is little drop, to take peoples under panic, I think it is only a few hours, and will rise again

Gatorelf

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will be fine have to expect fluctuation to bad we cant put in sell stops

MakeMoneyBtc

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Now it raised a little bit . It's 950$ Hope il will go up to 1000$ again and will stay like that for a long time

Slow death

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The price reached $1150, for people who were holding bitcoins on the expectation that it would hit the $1200 to sell was a disappointment

In a few hours bitcoin dropped to less than $900, this is very scary

HarryKPeters

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Quote from: Rinder on January 05, 2017, 08:53:32 AM

People why such surprised, btc were being traded at 850 last year from no reason it went into 900 and achieved 1000 dollars, this years it went to 1100 dollars, but well for sure some whale is having fun, the panic is created and bitcoin should stand at 1000 dollars after all dumps and pumps happen.

Well it was around 600 in november @http://coinmarketcap.com/currencies/bitcoin/
So yeah just wait it out. If you look at the bitcoin vs other currencies with this price, bitcoin still did a prety good job.

hotpassion

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I believe the price will go back to 1000 by tomorrow morning. Let's wait and see what is going on...

BitcoinHunt3r

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when i heard that top holde3r on OKcoin take profit and closed position, i sell all my BTC, and now i think i already did a good thing, now only need to wait to buy it in cheaper price

AlexGR

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Quote from: digaran on January 05, 2017, 09:01:22 AM

So did the bubble popped already? price showing in blockchain.info at this very same time is $957 and transactions not being confirmed for 3 hours now, if the market is correcting itself then I'd suggest to stay idle for now.

What are you talking about? Blocks are issued normally (13468 transactions in last 6 blocks).

Height   Age   Transactions   Total Sent   Relayed By   Size (kB)
446747   18 minutes   2046   46,210.72 BTC   AntPool   998.19
446746   35 minutes   2463   48,702.46 BTC   F2Pool   999.99
446745   47 minutes   2673   19,541.99 BTC   BitFury   998.12
446744   52 minutes   1880   30,974.79 BTC   F2Pool   999.87
446743   59 minutes   2384   37,938.93 BTC   shawnp0wers   998.22
446742   1 hour 10 minutes   2022   24,366.78 BTC   ViaBTC   999.12

sgbett

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Well if the past is anything to go by this has only just begun.

Of course the past isn't always a reliable indicator!

digaran

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So did the bubble popped already? price showing in blockchain.info at this very same time is $957 and transactions not being confirmed for 3 hours now, if the market is correcting itself then I'd suggest to stay idle for now.

Topic: Bitcoin just dropped to under 900$ and it keeps going down - page 5. (Read 6544 times)